Epoxy Composite Market Estimated At USD 55.97 Billion By 2028
San Francisco, 28 Dec 2021: The Report Epoxy Composite Market Size, Share & Trends Analysis Report By Fiber Type (Glass, Carbon), By End-use (Automotive & Transportation, Wind Energy), By Region (APAC, North America), And Segment Forecasts, 2021 - 2028 The global epoxy composite market size is expected to reach USD 55.97 billion by 2028, registering a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc. Growing usage of advanced lightweight functional materials in various industries, such as automotive & transportation, aerospace & defense, and wind energy, is expected to drive the market. Increasing demand for composites in the automotive industry is anticipated to boost the market growth over the forecast period. Rising fuel prices have triggered the need for fuel-efficient vehicles, which is expected to increase the usage of composites. Composites are majorly utilized as the replacement for a...